Unsurprisingly, already airlines are struggling .
BALPA (British airline pilots association) have asked the government to waiver passenger air port taxes for 6 months, but is that enough?
Personally I think fuel tax should be waived also.
Fly be have already gone down the pan, I’m sure a few more will aswell, this could change air travel for a long time to come.
Other’s opinions? |
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"Unsurprisingly, already airlines are struggling .
BALPA (British airline pilots association) have asked the government to waiver passenger air port taxes for 6 months, but is that enough?
Personally I think fuel tax should be waived also.
Fly be have already gone down the pan, I’m sure a few more will aswell, this could change air travel for a long time to come.
Other’s opinions?"
Not just airlines, the whole tourism industry world wide will be hammered. |
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"Don’t get me started they make enough money out of us
You’re missing the point, if multiple airlines go bust, the few remaining will have a monopoly, we can wave goodbye to cheap travel deals."
I think it’s you that’s missing the point. They already have the monopoly, it’s just a case of managing the tax bill |
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It's desperate for all airlines & employees. Very few airlines will survive intact as they will be leased up to the hilt on borrowed money for planes. Known brands could be gone for good.
So long as that cocky little shit from Ryanair gets bankrupted, that'll be a result. Sad for the rest. |
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By (user no longer on site)
over a year ago
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"It's desperate for all airlines & employees. Very few airlines will survive intact as they will be leased up to the hilt on borrowed money for planes. Known brands could be gone for good.
So long as that cocky little shit from Ryanair gets bankrupted, that'll be a result. Sad for the rest. "
Gemma no |
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By (user no longer on site)
over a year ago
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"Don’t get me started they make enough money out of us
You’re missing the point, if multiple airlines go bust, the few remaining will have a monopoly, we can wave goodbye to cheap travel deals."
But if you've noticed, it's British Airways that have issued a warning about job losses, not Easyjet |
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"Don’t get me started they make enough money out of us
You’re missing the point, if multiple airlines go bust, the few remaining will have a monopoly, we can wave goodbye to cheap travel deals.
I think it’s you that’s missing the point. They already have the monopoly, it’s just a case of managing the tax bill"
How can multiple airlines have the monopoly ? That’s an oxymoron
They are all in business to make money, we all have a choice if we fly or not.
My point is, should airlines be given tax breaks? I’m sure you’d be complaining a few years down the line when you can’t justify the cost of a flight. |
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By (user no longer on site)
over a year ago
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"Don’t get me started they make enough money out of us
You’re missing the point, if multiple airlines go bust, the few remaining will have a monopoly, we can wave goodbye to cheap travel deals.
I think it’s you that’s missing the point. They already have the monopoly, it’s just a case of managing the tax bill
How can multiple airlines have the monopoly ? That’s an oxymoron
They are all in business to make money, we all have a choice if we fly or not.
My point is, should airlines be given tax breaks? I’m sure you’d be complaining a few years down the line when you can’t justify the cost of a flight."
Couldn’t give a monkeys about them more will come along and I repeat who’s gonna bail me out or don’t that count????????!!? |
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Having followed my football team round Europe for European away trips and getting stung in price hikes as soon as the draws are made because "the demand" then I don't feel sorry for the airlines but I do feel for the crew etc who will bare the brunt |
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"Lessors and subsidiary’s owned by national operators. Do you really understand your business?"
Who is that directed at?
Me?
If so , yes I’ve ran my LTD company for over 20years, but I don’t see how that’s relevant to my original post. |
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By *abioMan
over a year ago
Newcastle and Gateshead |
a lot of airlines are actually in trouble....
lufthansa are looking for german protection
same with Delta in America
BA from the UK govt
Norwegian have already slashed flights and about 5000 staff
same with Cathay Pacific....
the ironic thing is if things go belly up.... less carriers means less competition on routes, which means the average airline flight goes up |
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By (user no longer on site)
over a year ago
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The ones from the Arabs will survive, the European ones will go bust.
This virus is going to cause massive economic trouble across the whole of Europe. Not only for airliners.
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When this is all over, public attitudes to global travel will have changed. The tourism business will never be the same. People are going to be rather less ready to sit inside a metal tube for hour after hour, breathing other peoples recycled air. Distant exotic places will be associated with dying people coughing their guts up. Cruise ships will seem more like floating prisons full of germs... |
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By *vcarolTV/TS
over a year ago
kilmarnockish |
What Polly says above is very true.
1 in 10 jobs on the planet are related to tourism.
Predictions are that the cost of the changes due to this outbreak could push as much as 25% of the carriers currently operating out of business.
Fares will go up by an estimated 25%.
Freight by air increased charges will have a knock on effect onto the whole supply chain, estimates are as much as 20% at the moment!
The changes this time round are likened already to that of 9-11, but will have an even greater effect. |
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"a lot of airlines are actually in trouble....
lufthansa are looking for german protection
same with Delta in America
BA from the UK govt
Norwegian have already slashed flights and about 5000 staff
same with Cathay Pacific....
the ironic thing is if things go belly up.... less carriers means less competition on routes, which means the average airline flight goes up"
Exactly |
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Didn’t they same that most airlines have to stay solvent by selling something like 95% of all seats on each flight?. I wonder what the occupancy is at the minute and what it will be in 2 weeks time |
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Airlines are both incredibly important for free movement (are we going to go to Australia by a three week cruise in future?) and ever since Laker have run on a knife edge financially. They're a great example of an oligopoly, where a small number of businesses selling a fairly standard product race to the bottom on price. Every company has no alternative other than to offer the cheapest fares, or go out of business. A great example of capitalism achieving the goal of the most efficient supply of commodities.
The current situation is beyond the ability of a free market to cope with. If we want low cost travel in the future, we may need to support vital commercial enterprises.
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"What Polly says above is very true.
1 in 10 jobs on the planet are related to tourism.
Predictions are that the cost of the changes due to this outbreak could push as much as 25% of the carriers currently operating out of business.
Fares will go up by an estimated 25%.
Freight by air increased charges will have a knock on effect onto the whole supply chain, estimates are as much as 20% at the moment!
The changes this time round are likened already to that of 9-11, but will have an even greater effect."
I don’t know if your figures are accurate, I can’t be arsed to research them, but I agree with what you say.
Perhaps there will be a change in people’s buying habits and there will be more sourcing of products that don’t have to be flown around the world. People may decide to holiday in this country more.
Could have a positive impact on local economies and carbon footprint.
I know there needs to be international trade for a successful balanced economy but maybe a bit less carting things around the world wouldn’t be a bad thing. |
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